Minnesota HF955 modifies financial assurance requirements for nonferrous mining permits.

Minnesota HF955 amends financial assurance requirements for nonferrous mining permits. It mandates that operators of nonferrous mining operations submit financial assurance, such as a cash bond or deposit, to cover reclamation costs. The commissioner must annually review the financial assurance to ensure it is sufficient. The bill also sets specific application fees for different types of mining permits.

Minnesota HF955 modifies financial assurance requirements for nonferrous mining permits.

Minnesota HF955 amends financial assurance requirements for nonferrous mining permits. It mandates that operators of nonferrous mining operations submit financial assurance, such as a cash bond or deposit, to cover reclamation costs. The commissioner must annually review the financial assurance to ensure it is sufficient. The bill also sets specific application fees for different types of mining permits.